Mysten Labs
Mysten Labs is the team behind the Sui Layer-1 blockchain and Move-based developer toolkit, founded by former Meta Diem/Novi engineers in 2021. Headquartered in Palo Alto with a global remote team, Mysten Labs raised a $300M Series B led by FTX Ventures in September 2022 at a $2B valuation, with backers including a16z crypto, Coinbase Ventures and Binance Labs.
Company snapshot
- Active
- Total funding
- $336M
- Funding rounds
- 3
- Last round (Series B)
- $300M
- Last round date
- Sep 2022
- Founded
- 2021
- Employees
- 251-500
- Headquarters
- Palo Alto, California, United States
Founders
Evan Cheng, Sam Blackshear, Adeniyi Abiodun, Kostas Chalkias, George Danezis
Industries
- Blockchain
- Web3
- Cryptocurrency
- Layer 1
Notable investors
| Investor | Role |
|---|---|
| FTX Ventures | Lead |
| a16z crypto | Lead |
| Coinbase Ventures | Co-investor |
| Binance Labs | Co-investor |
| Jump Crypto | Co-investor |
| Apollo | Co-investor |
| Franklin Templeton | Co-investor |
Frequently asked questions
How much funding has Mysten Labs raised?
Mysten Labs has raised $336M in total funding across 3 rounds.
What was Mysten Labs's most recent funding round?
Mysten Labs's most recent round was a Series B of $300M in Sep 2022.
When was Mysten Labs founded?
Mysten Labs was founded in 2021.
Where is Mysten Labs headquartered?
Mysten Labs is headquartered in Palo Alto, California, United States.
How many employees does Mysten Labs have?
Mysten Labs has 251-500 employees.
Who are Mysten Labs's investors?
Mysten Labs's notable investors include FTX Ventures, a16z crypto, Coinbase Ventures, Binance Labs, Jump Crypto, Apollo.